Premier League clubs to "bide their time" on transfers after Brexit

Elite English clubs could decide to wait for an improved economic climate after the United Kingdom voted to leave the EU in a referendum

Thursday’s historic vote to exit the European Union could result in the Premier League’s top teams waiting until the end of the transfer window to recruit players, according to sports lawyer Carol Couse.

The significant polling decision has already made an impact on Britain, causing the currency to plummet against the Euro.

All 20 Premier League clubs supported the campaign to remain in the EU, due to concerns it would increase the cost of work permits for foreigns plans and damage team’s ability to sign new players.

The transfer window formally opens on Friday and Couse – who works with elite English clubs including Manchester United – thinks Premier League sides might wait until August to buy, as they wait for the British pound to recover.

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“We may see a rush [of transfers] towards the end of the window as some clubs bide their time and wait for the dust to settle,” Couse told Goal.

“In short, I don’t think the devaluing currency will prevent clubs from signing their top targets as soon as possible after the international transfer window opens and clubs begin their pre-season training at the start of July.”

Britain will not immediately leave the EU, so work permits are won’t be affected until new legislation is drafted but the economic effects are already taking hold as clubs like Manchester United, Manchester City and Chelsea all attempt to complete big money signings. 

Transfers to the Premier League for players like Cristiano Ronaldo, Cesc Fabregas and N’Golo Kante may not have happened under ‘Brexit’ with rules stating players need a certain number of caps for their country before they can move. 

Couse worked on the rights for Angel Di Maria’s transfer from Real Madrid to the Red Devils in 2014 and remains hopeful that the Premier League’s record £5.14 billion television deal will offset problems cause by Thursday’s decision in the short term.

“Whilst transfers of players from Eurozone clubs may be more costly in the short term, Premier League clubs at least may be best placed to weather the storm in light of the value of the new TV deal which comes into force this season,” she said.

Manchester United to get Mkhitaryan answer this week

The German club expect to resolve the future of the Armenia international in the coming days, with Jose Mourinho keen to acquire the winger, having already signed Eric Bailly

Borussia Dortmund will “solve” Henrikh Mkhirtaryan’s future at the club this week, according to CEO Hans-Joachim Watzke, as Manchester United pursue a deal.

The 27-year-old has reportedly been identified as one of Jose Mourinho’s top targets at Old Trafford, with a £26.3 million fee believed to have been agreed between the two clubs.

Mino Raiola, Mkhitaryan’s agent, has made no secret of the move’s potential – labelling United his client’s dream club and saying it would be “a sin” if he did not chase the deal.

Mkhitaryan scored 18 goals for Dortmund in 2015-16, and picked up the Bundesliga Players’ Player of the Season award, but the Armenia international could be a Premier League player in a matter of days.

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Watzke told Kicker: “We will assess his situation this week. We not only need to discuss it with [sporting director] Michael Zorc and [coach] Thomas Tuchel, but also with the bodies.

“It is a difficult decision. There are three perspectives with every transfer: An economical, a strategic and a sporting. If the economical side becomes overwhelming it might happen that you make a different decision in the end.”

United have already made their first moves into the transfer market with Mourinho as manager, signing Villarreal defender Eric Bailly, while Zlatan Ibrahimovic is also expected to link up with his former Inter coach on a free transfer.

Kroos could've been Scholes' heir at Manchester United, claims Moyes

The Scot believes the Germany international would’ve been the perfect replacement for Scholes and a ‘top player’ at Old Trafford

David Moyes has revealed that he wanted to sign Toni Kroos for Manchester United and believed the Germany international could’ve been Paul Scholes’ heir.

The Scot lasted just 10 months at Old Trafford before he was sacked, while only Marouane Fellaini and Juan Mata were signed during his reign.

And Moyes, who remains without the club after being sacked by Real Sociedad last November, believes Kroos had the ability to be a key player in United’s midfield.

“I wanted to bring Kroos to Manchester United, from Bayern,” the 53-year-old said in an article for the Sunday Times.

“I thought his range of passing and his ability to play people in would have made him a top United player, maybe Scholes’ heir.

“He’s gone on and shown at Real Madrid what a fantastic footballer he is.

“Kroos is a special talent, probably the closest thing at this tournament [Euro 2016] to a Xabi Alonso, an Andrea Pirlo or Paul Scholes.”

OFFICIAL: Basel starlet Embolo joins Schalke

The Switzerland international was heavily linked with a move to Premier League sides Manchester United and Tottenham, but will instead link up with the Bundesliga side

Manchester United and Tottenham have missed out on Breel Embolo after Schalke confirmed they have signed the striker from Basel on a five-year deal for an undisclosed fee.

Embolo, a highly-rated Switzerland international, scored 13 goals for Basel last season as his side won the Swiss Super League by 14 points.

The 19-year-old was subsequently named in Switzerland’s Euro 2016 squad and featured in all four games for Vladimir Petkovic’s side, who bowed out of the tournament in a penalty shoot-out defeat against Poland on Saturday.

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Embolo was coveted by a number of European clubs, with both United and Spurs heavily linked with potential moves for the teenager. Basel were also reported to have rejected a €27 million bid for the striker from Wolfsburg in January.

However, he has now brought all speculation over his future to an end by agreeing to join Schalke ahead of the 2016-17 campaign.

Schalke finished fifth in the Bundesliga last season, accuring 52 points from 34 games.

DONE DEAL: Breel #Embolo is a #Schalke player! #s04

— FC Schalke 04 (@s04_en) June 26, 2016

How Brexit could stop Premier League clubs signing young players

Current FIFA regulations allow clubs inside the European Union to sign players from the age of 16 but that could rise to 18 for the likes of Arsenal, Manchester United and Chelsea

Brexit could have a major impact on a Premier League club’s ability to sign young players.

Following result of the latest referendum, Britain has decided to leave the European Union with 51.9% of the vote.

In FIFA’s current regulations, rule 19 states that international transfers can only take place if the player involved is over the age of 18.

But an exception is in place that allows clubs inside the EU to sign players from the age of 16.

The law in place has benefited the likes of Arsenal, who were been able to sign Cesc Fabregas and Hector Bellerin from Barcelona.

Manchester United have also taken advantage of the rule with the signings of Paul Pogba, Adnan Januzaj, Timothy Fosu-Mensah and, more recently, Tahith Chong from Feyenoord.

Leaving the EU could therefore have a negative impact on British clubs and their ability to compete with their European rivals in signing young players, unless a separate agreement is reached with FIFA.